ISDS Case Map
South Africa
All too often SA is condemned by the EU, Brazil and others for implementing necessary trade defence measures against unfair competition. But it is interesting to observe how the EU, a culprit of dumping in SA, fights to protect itself against dumping at all costs.
All SACU members need to ratify the AfCFTA before any of its members can start trading under it. ECOWAS States were facing the same problem.
Friday marked the start of trade for South African firms under two new trade agreements, the trade and industry and competition department (dtic) said.
The announcement immediately drew criticism from the US government, which previously threatened to exclude South Africa from a preferential trade agreement after a disagreement over the levies in 2015.
The country's tariff income is at risk under the deal, which requires African member countries to lower or cut tariffs.
South Africa will in May hold an extraordinary summit of the African Union to finalise a continental free trade agreement.
The SACUM-UK EPA effectively retains the terms of trade present in the existing SADC-EU EPA.
The agreement will have positive spin-offs for the SA beef industry, said one of South Africa’s leading beef producers.
Their submissions conclude that the system is detrimental to public budgets, regulations in the public interest, democracy and the rule of law.
